91ÊÓƵ

For the U.S., the OECD expects inflation to jump to 4.2% this year, from 2.6% last year. Its price outlook is 1.2 percentage points higher than in December.

G-7 finance ministers held a virtual meeting to discuss the Iran war, its impact for regional stability, global economic conditions and financial markets, and the importance of secure trading routes.

The port of Calais on France’s northern coast has spent 6 million euros ($6.6 million) on facilities for customs officers, updated signage around freshly painted roads and huge extra parking lots for trucks. It may all end up being pointless.